Book description
Making use of untapped resources, Seim looks at the impact of the Rockefellers, viewed through the lens of their philanthropic support of social science from 1890-1940. Focusing specifically on the Rockefeller Foundation and the Laura Spelman Rockefeller Memorial, Seim connects the family's business success with its philanthropic enterprises.
Why read it?
1 author picked Rockefeller Philanthropy and Modern Social Science as one of their favorite books. Why do they recommend it?
It is not often recognized just how significant the Rockefeller Foundation, and especially the Laura Spelman Rockefeller Memorial Foundation (LSRM), was to the development of Economics in the United States.
The story is quite extraordinary, starting with the appointment of a very young Beardsley Ruml to head up the LSRM, who led the way by funding economic programs and research institutes (University of Chicago, Social Science Research Council, Brookings, National Bureau of Economic Research), with a particular emphasis on work that was empirical and aimed at social improvement and the solution of social problems.
Ruml shared the philosophy of “science…
From Malcolm's list on the economic mind in America from 1880 to 1960.
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